Harvest Equal Weight Global Utilities Income ETF
Income And Stability Built On Constant Demand
The utilities sector is attractive for defensive and income-oriented investors. Utilities companies have huge scale, significant barriers to entry, and dominance in their markets. With a globally diversified portfolio and a covered call strategy this ETF maximizes the defensiveness and income potential of utilities.
Key Facts
As at 2023/10/03
TICKER
HUTL
TSX
CURRENCY
CAD
Hedged
NAV
$15.13
Updated Daily
MKT PRICE CLOSE
$15.15
Updated Daily
NET AUM*
$154.29M
Updated Daily
MGMT STYLE
Rules-Based
With Covered Calls
CASH DISTRIBUTION
Monthly
Frequency
LAST DISTRIBUTION
$0.1166
Cash, Per unit
CURRENT YIELD
9.24%
Updated Daily
DISTRIBUTION
$6.4130
Total, Since Inception**
Distributions
|
Last Ex-dividend Date: 2023-09-28 |
|
Last Record Date: 2023-09-29 |
|
Last Payment Date: 2023-10-06 |
|
Last Cash Distribution Per Unit: $0.1166 |
|
Cash Distribution Frequency: Monthly |
|
Cash Distributions Since Inception**: $6.4130 |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2023-09-28 | 2023-09-29 | 2023-10-06 | $0.1166 | Monthly |
| 2023-08-30 | 2023-08-31 | 2023-09-08 | $0.1166 | Monthly |
| 2023-07-28 | 2023-07-31 | 2023-08-09 | $0.1166 | Monthly |
| 2023-06-29 | 2023-06-30 | 2023-07-07 | $0.1166 | Monthly |
| 2023-05-30 | 2023-05-31 | 2023-06-09 | $0.1166 | Monthly |
| 2023-04-27 | 2023-04-28 | 2023-05-09 | $0.1166 | Monthly |
| 2023-03-30 | 2023-03-31 | 2023-04-06 | $0.1166 | Monthly |
| 2023-02-27 | 2023-02-28 | 2023-03-09 | $0.1166 | Monthly |
| 2023-01-30 | 2023-01-31 | 2023-02-09 | $0.1166 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2022-12-29 | 2022-12-30 | 2023-01-09 | $0.1166 | Monthly |
| 2022-11-29 | 2022-11-30 | 2022-12-09 | $0.1166 | Monthly |
| 2022-10-28 | 2022-10-31 | 2022-11-09 | $0.1166 | Monthly |
| 2022-09-28 | 2022-09-29 | 2022-10-07 | $0.1166 | Monthly |
| 2022-08-30 | 2022-08-31 | 2022-09-09 | $0.1166 | Monthly |
| 2022-07-28 | 2022-07-29 | 2022-08-09 | $0.1166 | Monthly |
| 2022-06-29 | 2022-06-30 | 2022-07-08 | $0.1166 | Monthly |
| 2022-05-30 | 2022-05-31 | 2022-06-09 | $0.1166 | Monthly |
| 2022-04-28 | 2022-04-29 | 2022-05-09 | $0.1166 | Monthly |
| 2022-03-30 | 2022-03-31 | 2022-04-08 | $0.1166 | Monthly |
| 2022-02-25 | 2022-02-28 | 2022-03-09 | $0.1166 | Monthly |
| 2022-01-28 | 2022-01-31 | 2022-02-09 | $0.1166 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2021-12-30 | 2021-12-31 | 2022-01-07 | $0.1166 | Monthly |
| 2021-11-29 | 2021-11-30 | 2021-12-09 | $0.1166 | Monthly |
| 2021-10-28 | 2021-10-29 | 2021-11-09 | $0.1166 | Monthly |
| 2021-09-28 | 2021-09-30 | 2021-10-08 | $0.1166 | Monthly |
| 2021-08-30 | 2021-08-31 | 2021-09-09 | $0.1166 | Monthly |
| 2021-07-29 | 2021-07-30 | 2021-08-09 | $0.1166 | Monthly |
| 2021-06-29 | 2021-06-30 | 2021-07-09 | $0.1166 | Monthly |
| 2021-05-28 | 2021-05-31 | 2021-06-09 | $0.1166 | Monthly |
| 2021-04-29 | 2021-04-30 | 2021-05-07 | $0.1166 | Monthly |
| 2021-03-30 | 2021-03-31 | 2021-04-09 | $0.1166 | Monthly |
| 2021-02-25 | 2021-02-26 | 2021-03-09 | $0.1166 | Monthly |
| 2021-01-28 | 2021-01-29 | 2021-02-09 | $0.1166 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2020-12-30 | 2020-12-31 | 2021-01-08 | $0.1166 | Monthly |
| 2020-11-27 | 2020-11-30 | 2020-12-09 | $0.1166 | Monthly |
| 2020-10-29 | 2020-10-30 | 2020-11-09 | $0.1166 | Monthly |
| 2020-09-29 | 2020-09-30 | 2020-10-09 | $0.1166 | Monthly |
| 2020-08-28 | 2020-08-31 | 2020-09-09 | $0.1166 | Monthly |
| 2020-07-30 | 2020-07-31 | 2020-08-07 | $0.1166 | Monthly |
| 2020-06-29 | 2020-06-30 | 2020-07-09 | $0.1166 | Monthly |
| 2020-05-28 | 2020-05-29 | 2020-06-09 | $0.1166 | Monthly |
| 2020-04-29 | 2020-04-30 | 2020-05-08 | $0.1166 | Monthly |
| 2020-03-30 | 2020-03-31 | 2020-04-09 | $0.1166 | Monthly |
| 2020-02-27 | 2020-02-28 | 2020-03-09 | $0.1166 | Monthly |
| 2020-01-30 | 2020-01-31 | 2020-02-07 | $0.1166 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2019-12-30 | 2019-12-31 | $0.1166 | Monthly | |
| 2019-11-28 | 2019-11-29 | $0.1166 | Monthly | |
| 2019-10-30 | 2019-10-31 | $0.1166 | Monthly | |
| 2019-09-27 | 2019-09-30 | $0.1166 | Monthly | |
| 2019-08-29 | 2019-08-30 | $0.1166 | Monthly | |
| 2019-07-30 | 2019-07-31 | $0.1166 | Monthly | |
| 2019-06-27 | 2019-06-28 | $0.1166 | Monthly | |
| 2019-05-30 | 2019-05-31 | $0.1166 | Monthly | |
| 2019-04-29 | 2019-04-30 | $0.1166 | Monthly | |
| 2019-03-28 | 2019-03-29 | $0.1166 | Monthly |
Portfolio Analysis‡
As at September 29, 2023
|
Number of Equity Securities: 30 |
|
Average Market Capitalization (CAD): $45B |
|
Average Dividend Yield: 6.27% |
|
Average P/E: 14.6x |
|
Average 5 Year Return on Equity: 14.55% |
|
_ |
|
As at September 29, 2023 |
|
As at September 29, 2023 |
Holdings
As at September 29, 2023
| Name | Ticker | Weight | Sector | Country |
|---|---|---|---|---|
| Telenor ASA | TEL NO | 3.7% | Diversified Telecommunication Services | Norway |
| AT&T Inc. | T US | 3.6% | Diversified Telecommunication Services | United States |
| Duke Energy Corporation | DUK US | 3.4% | Electric Utilities | United States |
| Entergy Corporation | ETR US | 3.4% | Electric Utilities | United States |
| Orange S.A. | ORA FP | 3.4% | Diversified Telecommunication Services | France |
| Pembina Pipeline Corporation | PPL CN | 3.4% | Oil, Gas & Consumable Fuels | Canada |
| BT Group PLC | BT/A LN | 3.3% | Diversified Telecommunication Services | United Kingdom |
| E.ON SE | EOAN GR | 3.3% | Multi-Utilities | Germany |
| Endesa, S.A. | ELE SM | 3.3% | Electric Utilities | Spain |
| Evergy, Inc. | EVRG US | 3.3% | Electric Utilities | United States |
| Kinder Morgan, Inc. | KMI US | 3.3% | Oil, Gas & Consumable Fuels | United States |
| National Grid PLC | NG/ LN | 3.3% | Multi-Utilities | United Kingdom |
| ONEOK, Inc. | OKE US | 3.3% | Oil, Gas & Consumable Fuels | United States |
| Telefonica, S.A. | TEF SM | 3.3% | Diversified Telecommunication Services | Spain |
| TELUS Corporation | T CN | 3.3% | Diversified Telecommunication Services | Canada |
| Verizon Communications Inc. | VZ US | 3.3% | Diversified Telecommunication Services | United States |
| The Williams Companies, Inc. | WMB US | 3.3% | Oil, Gas & Consumable Fuels | United States |
| Avangrid, Inc. | AGR US | 3.2% | Electric Utilities | United States |
| BCE Inc. | BCE CN | 3.2% | Diversified Telecommunication Services | Canada |
| Brookfield Renewable Corporation | BEPC CN | 3.2% | Independent Power and Renewable Electricity Producers | Canada |
| Dominion Energy, Inc. | D US | 3.2% | Multi-Utilities | United States |
| Emera Incorporated | EMA CN | 3.2% | Electric Utilities | Canada |
| Enbridge Inc. | ENB CN | 3.2% | Oil, Gas & Consumable Fuels | Canada |
| FirstEnergy Corp. | FE US | 3.2% | Electric Utilities | United States |
| Naturgy Energy Group, S.A. | NTGY SM | 3.2% | Gas Utilities | Spain |
| Pinnacle West Capital Corporation | PNW US | 3.2% | Electric Utilities | United States |
| SSE PLC | SSE LN | 3.2% | Electric Utilities | United Kingdom |
| TC Energy Corporation | TRP CN | 3.2% | Oil, Gas & Consumable Fuels | Canada |
| Koninklijke KPN NV | KPN NA | 3.1% | Diversified Telecommunication Services | Netherlands |
| Fortum Oyj | FORTUM FH | 2.9% | Electric Utilities | Finland |
| Cash and other assets and liabilities | 2.0% | |||
| Market value of options | (0.1)% | |||
| Foreign currency forwards | (0.4)% |
Annualized Performance
As at August 31, 2023
| Ticker | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 4Y | SI |
|---|---|---|---|---|---|---|---|---|---|
| HUTL | (2.06) | (2.14) | (2.27) | (0.81) | (4.52) | (1.25) | 5.15 | 0.74 | 2.78 |
Calendar Year Performance †
As at August 31, 2023
| Ticker | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|
| HUTL | (4.44) | 16.37 | (10.92) | 15.57 |
Cumulative Market Price#
(Monthly Distribution: $0.1166)
Cumulative Growth $10,000 Invested
(NAV pricing)
HUTL Historical Daily Prices (CLICK HERE)
Documents
 |
| Product Sheet |
 |
| Investor Brochure |
 |
| ETF Facts |
.
| Document | Language | Type | |
|---|---|---|---|
| Product Sheet | English | French | Fund Documents |
| Investor Booklet | English | - | Fund Documents |
| ETF Facts | English | French | Regulatory |
| Prospectus | English | French | Regulatory |
| ETF Products Booklet | English | French | Information Materials |
| Covered Call Writing | English | - | Information Materials |
| MER Summary | English | French | Information Materials |
| 2023 Interim Financial Statements | English | French | Statements/MRFPs |
| 2023 Interim Management Report of Fund Performance | English | French | Statements/MRFPs |
| 2023 Quarterly Summary - Q1 | English | - | Portfolio Disclosure |
| 2022 Annual Financial Statements | English | French | Statements/MRFPs |
| 2022 Annual Management Report of Fund Performance | English | French | Statements/MRFPs |
| 2022 Annual Distributions Summary | English | - | Information Materials |
| 2022 Quarterly Summary - Q3 | English | - | Portfolio Disclosure |
| 2022 Quarterly Summary - Q1 | English | - | Portfolio Disclosure |
| PFIC Annual Information Statement | English | - | Information Statement |
| IRS Form 8937 | English | - | Tax Form |
| Proxy Voting Policy | English | - | Proxy Voting |
| July 1, 2022 to June 30, 2023 Proxy Summary | English | - | Proxy Voting |
HUTL Historical Documents (CLICK HERE)
Investment Goal
Harvest Equal Weight Global Utilities Income ETF invests in an equally weighted portfolio of 30 global utilities companies, covering utilities, telecommunications, oil & gas storage, and transportation. The ETF is designed to provide a consistent and competitive monthly income with an opportunity for growth. In order to generate an enhanced monthly distribution yield, an active covered call strategy is engaged.
Benefits of investing in HUTL
|
|
Key ETF Details
As at September 29, 2023
| ETF Details | Unit |
|---|---|
| TSX Code | HUTL |
| CUSIP | 41754C105 |
| Currency | CAD-Hedged |
| Inception Date | 2019/01/07 |
| Management Style | Rules-Based with Covered Calls |
| Eligible | RRSP | RRIF | RESP | TFSA |
| Management Fee | 0.50% |
| Risk Rating |  |
| Distribution Facts | Unit |
| Last Cash Distribution Per Unit | CA$0.1166 |
| Last Record Date | 2023-09-29 |
| Cash Distributions Since Inception** | CA$6.4130 |
| Cash Distribution Frequency | Monthly |
| Distribution Method | Cash or DRIP |
| Annual Distributions Summary | PDF View |
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Disclaimer
Harvest Equal Weight Global Utilities Income ETF
Commissions, management fees and expenses all may be associated with investing in Harvest Exchange Traded Funds (managed by Harvest Portfolios Group Inc.). Please read the relevant prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account income taxes payable by any securityholder that would have reduced returns. The Fund is not guaranteed, its values changes frequently and past performance may not be repeated. Tax investment and all other decisions should be made with guidance from a qualified professional.
* Represents aggregate AUM of all classes denominated in Canadian dollars.
** Inception Date: 2019/01/15
† The first year of Calendar Year Performance presents the rate of return from commencement of operations to December 31 of that year.
‡ Source: Bloomberg. Average statistics calculated based on portfolio weighted average. Dividend yield (gross) based on Bloomberg indicated 12 month yield of portfolios positions and does not represent the distribution yield paid to investors. The above information is for illustrative purposes only, is estimated and unaudited.
# For illustrative purposes only. The chart above only shows the market value per unit of Harvest Equal Weight Global Utilities Income ETF ("HUTL") using the daily market close on the TSX and identifies the monthly cash distributions paid by HUTL on a cumulative basis. The cash distributions are not compounded or treated as reinvested, and the chart does not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder. The chart is not a performance chart and is not indicative of future market values of HUTL or returns on investment in HUTL, which will vary.